Yep if/when that announcement drops there will definitely be a lot of people selling into the volume
The way I see it playing out if we stay where we are it will be a big rerate off the back of the gm contract renewal announcement
More than likely though I see the price rising leading up to the announcement. Plenty of liquidity for day traders to get in and out and we all know how fomo works
either way I can’t see the price staying where it is. We either get a lift on the back of gm renewal or we drop further if the renewal doesn’t come thru. Currently in no mans land
all IMO
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Last
2.9¢ |
Change
0.001(3.57%) |
Mkt cap ! $24.66M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.8¢ | $6.538K | 225.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2546808 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 1532935 | 4 |
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| Last trade - 13.06pm 11/10/2024 (20 minute delay) ? |
| CXZ (ASX) Chart |